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...homebuilder must give 20% of the purchase price to Herzberg's group as a fee for the put option - a payment that many developers may be reluctant to cough up. "20% is astronomically high!," says one analyst, who did not wish to be named. "What builder would give away 20% when they're doing 5% or 10% [pretax] margins? If they gave away 20% of the house price, they'd lose money on every house." He sees a 2% or 5% charge being more reasonable...

Author: /time Magazine | Title: A Guarantee Against Losing Cash on Homes? | 3/4/2010 | See Source »

...bikers who usually face the worst injuries. Crash scenes involving racing bikes usually cover a large area compared with other accidents because helmets, shoes and body parts are thrown everywhere, he said. "I've never seen a crash at speeds higher than 100 that people have walked away from," he said. "I don't even like talking about it. It is graphic, graphic, graphic." It doesn't help that Florida repealed a mandatory helmet law for motorcyclists a decade ago. There were more than 500 Florida motorcyclist deaths in 2008 - compared with 22 in 1999, the year before...

Author: /time Magazine | Title: Florida's Fast Motorcyclists Are a Growing Menace | 3/3/2010 | See Source »

...then, as potential 2012 primary rivals like Sarah Palin and Mike Huckabee took Fox News gigs and stayed in the public eye, Romney has quietly receded from the spotlight. But his new book, No Apology: The Case for American Greatness, leaves little doubt that he's spent the time away rebooting his message in preparation for an Oval Office bid. In No Apology, which hit stores March 2 and dovetails with a two-month publicity blitz, the former Massachusetts governor drops the social conservative shtick, preferring to focus on his managerial bona fides and the Obama Administration's missteps...

Author: /time Magazine | Title: Mitt Romney's No Apology | 3/3/2010 | See Source »

...brave tribal maliks they can find. The idea, say Pakistani military officials, is to identify fast projects - small dams or marble quarries, for example - and get them built and working under the protection of those tribes that will benefit directly. Only this way, say officials, can the tribes turn away from the militant-run enterprises - banditry and running guns and drugs - that earn them money...

Author: /time Magazine | Title: Pakistan's Taliban War: Bringing Back the Music | 3/3/2010 | See Source »

Five years ago, Ahmadinejad was elected as a problem solver, an engineer who would clear away old obstacles to a functioning and just economy. An initial flood of oil-fueled liquidity and openhanded lending at the beginning of the Ahmadinejad era has given way to a stagnant property market and tight limits on bank lending in an effort to rein in prices. Ahmadinejad also dissolved economic-planning organizations and dismissed officials with economic expertise. Managers in Iran's near paralyzed manufacturing sector now face the immediate problem of how to fill the gaps in their end-of-year accounts under...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

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